BP scales back its EV charging business

Corporate developments

BP Pulse has reduced its focus from 12 countries to now four — US, UK, Germany and mainland China — where it expects the fastest growth in the EV market

British energy major BP has trimmed more than one-tenth of the workforce employed by its electric vehicle charging business — BP Pulse — and has also pulled it out of several markets as the company struggled to make profits, according to a news report published by Reuters on April 15.

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